Philippines Reit law viewed as overly strict

Oct 11, 2009

New rules on real estate investment trusts (Reits) in the Philippines mandate the securities regulator to oversee both Reit managers and their underlying property managers.

Following ratification of the Philippines' proposed real estate investment trust (Reit) regime at the start of October, the country should have a legal framework for pooled investment in property by early next year. Yet some are concerned that the rules are rather over-zealous in certain areas.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to AsianInvestor

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

If you are a senior professional at a large institutional asset owner, such as a sovereign wealth fund or pension fund, please contact [email protected] for further assistance.

Questions?

See here for more information on licences and prices, or contact [email protected]